The United States, along with the rest of the world, are facing the greatest currency reality show in history. Not only is the value of our fiat currency in question, the U.S. National Debt is now growing by leaps and bounds and may now be unmanageable.
The term fiat currency, meaning money by government edict, is derived from the Latin word, fiat, meaning ‘‘let it be done.’‘ Now, coincidentally, many experts are saying just that: ‘‘the dollar is done.’‘
This is an excerpt from an email I just received from the experts of the global money system www.Monex.com . To get this clarity of the seriousness of the financial situation of such magnitude is disheartening. The situation is so critical hyperinflation is at it’s highest, purest and most destructive form.
What does this mean to you and I? Get yourself out of personal debt is quick as you can, cut up extra credit cards, pay off personal loans, downsize to control the only thing you can, yourself. If we think the hard times are behind us, do not be fooled. It has only begun. Just as the prophetic words “let it be done” has a meaning of a whole decisive action of consequence, the condition of hyperinflation in the western world has to see it’s way through it’s natural order and outcome. No, it will not be pleasant. Let’s all pick ourselves up by our bootstrapes, or fasten our seat belts and gear up for some serious head winds, violent turbulence which we know from the report is not a possibility or probability but a sure bet. Best to be prepared.
Until the next WebLog